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Manage Your Subrecipients... Before They Manage You

Webinar • Tuesday, July 24, 2018 • 2:00-3:30 p.m. ET

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Webinar Details

Prerequisites: Some knowledge of federal grant management and audit requirements is helpful

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

Credit Information

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The message sounds somewhat harsh: the Office of Management and Budget appears to want to protect you from the problems your subawards are going to cause. The language in the current federal grants management rules — OMB’s uniform guidance — certainly conveys that impression.

OMB has crafted policies that tell entities that make subawards to exercise intense due diligence before and during the performance periods of the lower-tier organizations that they are funding. Further, while the basic steps about exercising that diligence are outlined in the policies, the details about how to do it are not.

The nod to designing the details on an individual basis is probably welcome. However, pass-through entities need to be mindful that if your subrecipients mess up using the money you award them, your organization is in for some headaches and possibly some sanctions, too.

This webinar has been designed to help you prevent that. It will provide you actionable advice about the pre-award and post-award steps you should take to minimize risk yet maintain positive relationships with your subrecipients. You’ll learn about the following:

  • How to fashion application features designed to detect potentially problematic subrecipients
  • Available tools for conducting the required risk assessment of each subrecipient
  • What to do with a poorly managed subrecipient that you have to fund
  • The kinds of training and technical assistance you should provide
  • How to exercise “differential accountability” among subrecipients
  • What federal policies must flow through in subaward terms and conditions
  • How to address the problem of required recognition of subrecipient indirect costs
  • Documenting the post-award oversight steps you have to take
  • Deciding whether a site visit is needed, and if so, how to conduct it
  • Reviewing subrecipient audit findings and delivering decisions that will cause corrections to happen

Join Bob Lloyd, principal of Federal Fund Management Advisor™, for this timely and practical look at how to balance your roles as a helpful provider of federal assistance funds and a watchdog.

Who Should Attend?

  • Grant and contract managers
  • Sponsored projects administrators
  • Project directors
  • Subrecipient managers/monitors
  • Executives
  • Finance directors
  • Legal counsels
  • Internal auditors

Hand-out Materials:

Attendees will receive presentation slides as well as access to background materials.

Allowable Charges

The costs of webinars sponsored by Federal Fund Management Advisor™ are allowable charges to your federal grants and subgrants. The cost principles issued by OMB under its uniform guidance (and applicable to all types of awardees) state, “The cost of training and education for employee development is allowable” (2 CFR 200.472).

Attend this Live Webinar and Earn up to 1.5 CPE Credits

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This comprehensive resource blends age-old conventional wisdom with the historic changes in OMB’s uniform guidance. You'll benefit from the advice of experts on time and effort reporting, procurement under grants, direct charging certain costs, single audit preparations, subrecipient monitoring and much more. The 500+ page softbound book is a valuable management guide, compliance document and training tool for busy grants managers, program directors, financial officers and auditors at nonprofit organizations, educational institutions, and state and local governments.

This valuable resource will help you and your grants management team:

  • Understand the differences between direct and indirect costs
  • Make the subrecipient vs. contractor determination
  • Realize the full impact of OMB’s emphasis on internal controls
  • Understand which familiar elements of time and effort reporting have been retained in the uniform guidance ... and which are new
  • Know the nuances of requirements for subrecipient assessment and monitoring
  • Understand contract clauses in agreements for procurement under grants
  • Apply the general tests of allowability
  • Understand special issues confronting pass-through entities contracting with foreign organizations
  • Know which clauses flow down when crafting a subaward
  • Understand what is meant by a 10% de minimis indirect cost rate
  • Audit the vulnerabilities in your grants management operation
  • Understand what is meant by audit "resolution"
    ...and much more

A Practical Guide to Federal Grants Management is the best insurance policy there is for limiting your organization’s risk of disallowed costs, loss of federal funding and public relations nightmares. Add it to your order today!

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